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16:37 Feb 17, 2009 |
French to English translations [PRO] Bus/Financial - Finance (general) / Art of Ass | |||||||
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| Selected response from: joehlindsay Local time: 18:30 | ||||||
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Summary of answers provided | ||||
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5 | profit sharing funds |
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4 | profit sharing (securities warrant) |
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3 | profit-sharing distribution |
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3 | profit-sharing bonds |
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2 | declaring (a) dividend(s) |
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Discussion entries: 2 | |
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profit-sharing distribution Explanation: This is a stab at it, absent further context. |
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declaring (a) dividend(s) Explanation: It could also be this, within the omitted larger context |
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profit-sharing bonds Explanation: This uses your idea of 'profit-sharing _______', Rombas. Hopefully someone can confirm 'bond' to translate 'bon'. |
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profit sharing funds Explanation: The surplus is at the disposal of general public, which on approval of the management, declares each year of its allocation, mainly by the creation of profit sharing funds. They distribute this in the form of dividends. |
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profit sharing (securities warrant) Explanation: A warrant is a financial instrument this gives the bearer the right to buy shares or to another benefit like a share of profits. -------------------------------------------------- Note added at 1 day8 hrs (2009-02-19 00:40:03 GMT) -------------------------------------------------- I meant to close the parentheses after 'securities'. It should just be 'profit share warrant' or 'profit sharing warrant'. -------------------------------------------------- Note added at 1 day8 hrs (2009-02-19 00:46:08 GMT) -------------------------------------------------- You might also use the term 'profit sharing vouchers' I think, -------------------------------------------------- Note added at 3 days2 hrs (2009-02-20 19:32:32 GMT) -------------------------------------------------- There is also the term 'participation certificates' and 'participation note' but they are a type of warrant. They are essentially non-voting shares where you get a dividend, but you cannot vote. Participation certificates represent the proportional ownership of participating capital that a company may choose to create in addition to share capital. In essence, they are "non-voting shares" that are issued in exchange for a specified amount of money. The holder of a participation certificate mainly enjoys asset rights - in other words, the right to receive a portion of the net profits (i.e. dividends) and proceeds of any liquidation of the company, as well as the right to subscribe for new shares. The introduction of this type of security satisfied the need among companies to obtain non-voting, low-par-value equity capital that, subsequent to the initial offering, is publicly tradable in the form of securities. Switzerland's first issue of participation certificates was exchange-listed in 1963, but in recent years the significance of this type of security has waned. |
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